Job Title: Officer, Accounts Payable
Job Ref ID: 80439846A-0001
Location: Walter Carrington Crescent, Lagos
Job Type: Full-time
Business Segment: Group Functions
About Stanbic IBTC Bank:
Stanbic IBTC Bank is a leading African banking group focused on emerging markets globally. It has been a mainstay of South Africa’s financial system for 150 years, and now spans 16 countries across the African continent.
Standard Bank is a firm believer in technical innovation, to help us guarantee exceptional client service and leading edge financial solutions. Our growing global success reflects our commitment to the latest solutions, the best people, and a uniquely flexible and vibrant working culture. To help us drive our success into the future, we are looking for resourceful individuals to join our dedicated team at our offices.
Job Description:
- To undertake all payment functions associated with recording, reconciliation and payment of both internal and external customers.
- Review and processes all transactions for payments for services or goods procured on behalf of Stanbic IBTC group in accordance with the group’s policies and guidelines.
- Monitor the payment GL accounts, Cash advance GL 3003000, GL 2808000, 5205004, 5119008, the IC receivable and payable Accounts and other specific suspense accounts used by the team, ensure no long outstanding items
- Process all foreign payments (through IBC) for items, ensuring vendors are paid timeously, correct amounts are paid and accounts are accurately allocated and proper authority obtained.
- Ensure smooth run of month end activities, support Business units, manage/monitor team in all month-end processes to ensure deadlines are met and there are no disruptions to day to day and month end activities.
Qualifications:
- First Degree in Finance/Accounting.1-2 years experience in Accounting field.
- ICAN, ACCA, MBA is an added advantage.
Experience:
- 1-2 years experience in Accounting field.
- Proficient in the use of Microsoft Office.
- Knowledge of Accounting Software package.
Behavioural Competencies:
- Examining Information
- Interacting with People
- Embracing Change
- Completing Tasks
- Producing Outputs
Technical Competencies:
- Financial Accounting
- Expense Processing
- System use & Application